DekaBank Deutsche Girozentrale raised its stake in National HealthCare Co. (NYSE:NHC - Free Report) by 1,277.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,411 shares of the company's stock after acquiring an additional 9,655 shares during the quarter. DekaBank Deutsche Girozentrale owned about 0.07% of National HealthCare worth $1,255,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the stock. Illinois Municipal Retirement Fund acquired a new stake in National HealthCare in the first quarter valued at approximately $745,000. Susquehanna Fundamental Investments LLC acquired a new position in National HealthCare in the first quarter valued at $206,000. ProShare Advisors LLC lifted its holdings in National HealthCare by 7.3% in the first quarter. ProShare Advisors LLC now owns 2,539 shares of the company's stock valued at $240,000 after buying an additional 172 shares during the period. State Board of Administration of Florida Retirement System lifted its holdings in National HealthCare by 7.9% in the first quarter. State Board of Administration of Florida Retirement System now owns 29,746 shares of the company's stock valued at $2,811,000 after buying an additional 2,186 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in National HealthCare by 4.9% in the first quarter. Vanguard Group Inc. now owns 1,593,829 shares of the company's stock valued at $150,633,000 after buying an additional 74,911 shares during the period. 56.44% of the stock is owned by institutional investors.
Insider Transactions at National HealthCare
In related news, SVP Brian F. Kidd sold 2,000 shares of the business's stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $130.01, for a total transaction of $260,020.00. Following the transaction, the senior vice president now directly owns 21,747 shares in the company, valued at approximately $2,827,327.47. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 13.75% of the stock is currently owned by insiders.
National HealthCare Stock Up 3.0 %
NHC traded up $3.47 during midday trading on Friday, hitting $119.50. The company had a trading volume of 44,695 shares, compared to its average volume of 40,862. National HealthCare Co. has a 52 week low of $66.99 and a 52 week high of $138.49. The stock has a market cap of $1.84 billion, a P/E ratio of 20.15 and a beta of 0.41. The stock's 50 day simple moving average is $124.53.
National HealthCare (NYSE:NHC - Get Free Report) last posted its earnings results on Friday, August 9th. The company reported $1.00 EPS for the quarter. The company had revenue of $300.66 million during the quarter. National HealthCare had a net margin of 7.74% and a return on equity of 6.39%.
National HealthCare Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Monday, September 30th were given a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 2.04%. The ex-dividend date of this dividend was Monday, September 30th. National HealthCare's payout ratio is presently 41.15%.
National HealthCare Company Profile
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Free Report)
National HealthCare Corporation engages in the operation of services to skilled nursing facilities, assisted and independent living facilities, homecare and hospice agencies, and health hospitals. Its skilled nursing facilities offer licensed therapy services, nutrition services, social services, activities, and housekeeping and laundry services, as well as medical services prescribed by physicians; and rehabilitative services, such as physical, speech, respiratory, and occupational therapy for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries, or disabilities.
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